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EV battery maker Northvolt files for bankruptcy in Sweden

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

Scania to acquire Northvolt’s industrial battery pack division

On February 18th, Northvolt actually released an official statement in which the battery maker did not mention Scania as the counterpart of the agreement. Later on, the deal has been confirmed by the Swedish truckmaker to Reuters. It marks another step in Northvolt’s restructuring efforts as it seek...

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batteries

Inside the new 1,000 square-metre Scania battery lab in Södertälje

With this lab, Scania can test the performance of battery packs on operational electric trucks and buses without removing batteries. Vehicles are parked close to the lab and connected to testing equipment. The test equipment is delivered by Keysight, a leading test and measurement equipment provider...
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